A computer system can implement a network transaction service by monitoring location data from a computing device of a user to confirm that the user is located at a merchant location, receiving transaction data from a point-of-sale terminal of the merchant location, and confirming that the user has left the merchant location based on the location data. The computer system may then automatically execute a transfer operation to fund the transaction using a shared funding account of the network transaction service such that no direct payment interaction is made between the user and the merchant.
Legal claims defining the scope of protection, as filed with the USPTO.
2. The computer system of claim 1, wherein the executed set of instructions cause the computer system to receive the transaction data from the point-of-sale terminal of the selected business based on a registered card instrument of the network transaction service being utilized at the point-of-sale terminal of the selected business.
3. The computer system of claim 1, wherein the executed set of instructions cause the computer system to confirm that the user arrived at the merchant location prior to funding the transaction.
4. The computer system of claim 3, wherein the executed set of instructions cause the computer system to confirm that the user arrived at the merchant location by analyzing the location data received from the computing device of the user.
5. The computer system of claim 3, wherein the executed set of instructions cause the computer system to confirm that the user arrived at the merchant location by transmitting, over the one or more networks, a message to the computing device of the user, the message prompting the user to confirm arrival at the merchant location.
8. The non-transitory computer readable medium of claim 7, wherein the executed instructions cause the one or more processors to receive the transaction data from the point-of-sale terminal of the selected business based on a registered card instrument of the network transaction service being utilized at the point-of-sale terminal of the selected business.
9. The non-transitory computer readable medium of claim 7, wherein the executed instructions cause the one or more processors to confirm that the user arrived at the merchant location prior to funding the transaction.
10. The non-transitory computer readable medium of claim 9, wherein the executed instructions cause the one or more processors to confirm that the user arrived at the merchant location by analyzing the location data received from the computing device of the user.
11. The non-transitory computer readable medium of claim 9, wherein the executed instructions cause the one or more processors to confirm that the user arrived at the merchant location by transmitting, over the one or more networks, a message to the computing device of the user, the message prompting the user to confirm arrival at the merchant location.
14. The method of claim 13, wherein the one or more processors receive the transaction data from the point-of-sale terminal of the selected business based on a registered card instrument of the network transaction service being utilized at the point-of-sale terminal of the selected business.
15. The method of claim 13, wherein the one or more processors confirm that the user arrived at the merchant location prior to funding the transaction.
16. The method of claim 15, wherein the one or more processors confirm that the user arrived at the merchant location by analyzing the location data received from the computing device of the user.
17. The method of claim 15, wherein the one or more processors confirm that the user arrived at the merchant location by transmitting, over the one or more networks, a message to the computing device of the user, the message prompting the user to confirm arrival at the merchant location.
Cooperative Patent Classification codes for this invention. Click any code to explore related patents in that topic.
May 11, 2021
June 25, 2024
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